546 Meaning of being entitled “on similar terms”
Income Tax (Earnings and Pensions) Act 2003 (2003 c 1) | Legislation

Supplementary provisions

546  Meaning of being entitled “on similar terms”

(1)     This section applies for the purposes of sections 542(5) and 544(5) (condition that entitlements to allocation of priority shares must be on similar terms).

(2)     The fact that different provision is made for persons according to—

(a)     the levels of their remuneration,

(b)     the length of their service, or

(c)     similar factors,

does not mean that they are not

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